May 09, 2024 01:08 (IST)
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Jaitley reiterates elimination of cryptocurrencies but says govt will explore blockchain technology

Jaitley reiterates elimination of cryptocurrencies but says govt will explore blockchain technology

New Delhi, Feb 1 (IBNS): While presenting the Union Budget 2018-19 on Thursday, Finance Minister Arun Jaitley said that the government will take all steps to eliminate use of cryptocurrencies, which are being used to fund illegitimate transactions.

Cryptocurrency is not legal tender in India says Union Finance Minister Arun Jaitley

Cryptocurrency is not legal tender in India says Union Finance Minister Arun Jaitley

New Delhi, Jan 3 (IBNS): Any cryptocurrency is not legal tender in India, Union Finance Minister Arun Jaitley said on Tuesday while replying to queries in the Rajya Sabha about the Central government's stand on the same. 

Government cautions people against risks in investing in virtual ‘currencies’; says VCs are like ponzi schemes

Government cautions people against risks in investing in virtual ‘currencies’; says VCs are like ponzi schemes

New Delhi, Dec 29 (IBNS): The Ministry of Finance on Friday warned people against investigating in virtual currencies.